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Title:
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Dept/ Agency: Administration/Office of Management and Budget
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Rescinding Resolution
Purpose: Rescinding previously adopted Resolution
Funding Source: City of Newark
Appropriation Amount: $67,000,000.00
Budget Year: 2018
Contract Period: Upon Completion
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a
Additional Information:
Rescind Resolution 7R1-a adopted July 11, 2018
Two-Thirds vote of full membership required.
|
Title
Dept/ Agency: Administration/Office of Management and Budget
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Rescinding Resolution
Purpose: Rescinding previously adopted Resolution
Funding Source: City of Newark
Appropriation Amount: $67,000,000.00
Budget Year: 2018
Contract Period: Upon Completion
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a
Additional Information:
Rescind Resolution 7R1-a adopted July 11, 2018
Two-Thirds vote of full membership required.
body
RR #1
WHEREAS, a review and analysis of Temporary Emergency # 36 for Refunding of Callable Lease Revenue Bonds, Series 2010A and Series 2010B funded by the Essex County Improvement Authority Lease Revenue Bonds has disclosed that previously adopted Resolution 7R1-a by the Municipal Council on July 11, 2018 is necessary to rescind; and
WHEREAS, it is necessary to rescind Resolution 7R1-a adopted on July 11, 2018.
NOW, THEREFORE, BE IT RESOLVED BY THE MUNICIPAL COUNCIL OF THE CITY OF NEWARK, NEW JERSEY, THAT:
1. Resolution 7R1-a adopted on July 11, 2018, be and it is hereby rescinded.
STATEMENT
The purpose of this resolution is to rescind Resolution 7R1-a adopted on July 11, 2018.